CaliPharms Inc (KGET)

[asdfghj]

rawman, you seem to understand these filings better than me. I had a question about the preferred shares that I'm surprised you never brought up. Maybe you could explain these "20,000 shares of preferred series B authorized" and "10,099 series B preferred shares issued", that appeared between the December 31, 2016 and the March 31, 2017 financials (https://www.otcmarkets.com/financialReportViewer?symbol=KGET&id=174204).

It says that "Each share of Series “B” Convertible Preferred Stock shall be convertible, at the option of the Holder into 10,000,000 shares of fully paid and non-assessable shares of the Company’s Common Stock"

So, doing the math 10,099 x 10,000,000 = 100,990,000,000 (or over 100 billion or over 10x the existing outstanding) shares worth of preferred stock... Again shares that seemed to suddenly just appear out of thin air.

Can you make any sense of this? Is this Bo's deferred salary?

If you don't know for sure, I'd rather you make that clear or append your answer with an IMO or just not answer my question at all... I'd rather not get a doom and gloom assertions that you pull out of your rear ;).

Thanks.